Mortgages

The typical cost of a five-year fixed-rate mortgage has ballooned to 6%.

Property prices fell in England and Wales in May, but the rate of decline is easing, according to the Land Registry index.

Major mortgage lenders are offering to knock thousands of pounds off borrowers’ homeloans if they move their debt elsewhere.

The Bank of England today announced it is holding the base rate at 0.5% for the third consecutive month.

House prices rose by 2.6% last month, according to the latest Halifax House Price Index.

HSBC is offering to beat any standard fixed mortgage rate or standard variable rate (SVR) if you switch to it from Monday.

Banks and building societies have hit savers by cutting rates in line with recent base rate drops. However, they've failed to cut borrowing rates accordingly, a report reveals today.

Consumers will soon receive protection against "unscrupulous" firms who prey on troubled borrowers by buying their home at knock-down prices and charging them rent to stay.

Property prices dropped in April across England and Wales, according to the Land Registry's latest figures.

A government initiative to prevent struggling homeowners from losing their property only helped one borrower in April. This takes the grand total to just two since the Mortgage Rescue scheme was launched in January.